Ready to Jump After Recent Trade: GeneDx Holdings Corp (WGS)

With 1.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $57.53 whereas the lowest price it dropped to was $52.2114. The 52-week range on WGS shows that it touched its highest point at $52.90 and its lowest point at $1.16 during that stretch. It currently has a 1-year price target of $40.83. Beta for the stock currently stands at 2.32.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WGS was up-trending over the past week, with a rise of 26.23%, but this was up by 61.07% over a month. Three-month performance surged to 73.63% while six-month performance rose 401.20%. The stock gained 1536.45% in the past year, while it has gained 1875.64% so far this year. A look at the trailing 12-month EPS for WGS yields -4.50 with Next year EPS estimates of -0.04. For the next quarter, that number is -0.26. This implies an EPS growth rate of 76.59% for this year and 96.55% for next year.

Float and Shares Shorts:

At present, 25.98 million WGS shares are outstanding with a float of 19.13 million shares on hand for trading. On 2024-09-13, short shares totaled 2.22 million, which was 822.9999000000001 higher than short shares on 1723680000. In addition to Ms. Katherine A. Stueland as the firm’s President, CEO & Director, Mr. Kevin Feeley serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.62197 of WGS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, WGS reported revenue of $70514000.0 and operating income of -$10579000.0. The EBITDA in the recently reported quarter was -$18842000.0 and diluted EPS was -$1.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WGS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.